Negrescu: Romania risks a major fuel market crisis after Kazakhstan interrupted crude oil deliveries
Romania risks a major crisis on the fuel market after Kazakhstan, where 63% of imports come from, interrupted crude oil…
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Petrobrazi
OMV Petrom to invest 750 mln. euro in SAF/HVO program, receives last module for 20 MW green hydrogen project in Petrobrazi
OMV Petrom announces the delivery of the fourth and last module of the 20 MW electrolyzer for green hydrogen production…
OMV Petrom commissions new product unit at Petrobrazi, investment of 140 mln. euro
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, has commissioned a new aromatics unit at Petrobrazi, following an…
OMV Petrom inaugurates new sulfur recovery unit at Petrobrazi refinery, investment of 45 mln. euro
OMV Petrom announces the completion of an investment in the Petrobrazi refinery, for a new sulfur recovery unit, worth 45…
OMV Petrom: Biofuel deal that could bring Expur about 750 mln. euro in six years
OMV Petrom and Expur concluded a contract for the purchase of pre-treated vegetable oil intended for the production of diesel…
OMV Petrom injects 750 mln. euro in Petrobrazi’s sustainable fuels production
OMV Petrom, the largest integrated energy producer in Southeast Europe, will invest around 750 million euros in Petrobrazi to transform…
OMV Petrom: Investment of 23 mln. euro in the largest crude oil storage tank in Romania
OMV Petrom put into operation the largest crude oil tank in Romania, on the platform of the Petrobrazi refinery. The…
OMV Petrom will start production of sustainable aviation fuel at Petrobrazi
OMV Petrom, the largest integrated energy company in Southeast Europe, will produce sustainable aviation fuel at the Petrobrazi refinery by…
Petrobrazi Ploieşti Refinery, affected by a voltage variation
Several installations of the Petrobrazi Ploieşti refinery, owned by OMV Petrom, were stopped and restarted, due to a voltage variation…
OMV Petrom: Employee remuneration is at competitive levels for the relevant oil and gas industry
The remuneration of OMV Petrom employees is at competitive levels for the relevant oil and gas industry and includes fixed…
OMV Petrom to invest EUR 70 mln. at Petrobrazi into new Coke Drums
OMV Petrom, the largest energy company in South-Eastern Europe, will invest approximately EUR 70 million at the Petrobrazi refinery, to…
OMV Petrom: Investment of 1.5 mln. euro in Petrobrazi to increase the efficiency of the lighting system
Bogdan Tudorache OMV Petrom has invested 1.5 million euro in the Petrobrazi refinery to streamline the lighting system of the…
Conpet increased oil transportation rates
Transportation rates through the National Transportation System for crude oil, gasoline, condensate and ethane were increased, according to a report…
OMV Petrom: Investments of 21 mln. euro in Petrobrazi to increase the mixing capacity of biofuels
OMV Petrom, the largest energy company in South-Eastern Europe, has invested around 21 million euro at the Petrobrazi refinery to…
OMV Petrom: The intensity of carbon emissions from operations decreased by 22% in 2019 compared to 2010
OMV Petrom has published the Sustainability Report for 2019. The report details the objectives and achievements set out in the…
OMV Petrom is ready to continue supply
OMV Petrom has implemented a series of measures to ensure the smooth running of the activities. Christina Verchere, CEO of…
New maritime fuel with low sulfur content produced at Petrobrazi, following an investment of 3 million euro
OMV Petrom has developed, at the Petrobrazi refinery, a new maritime fuel with a low sulfur content, up to 0.5%.…
OMV Petrom: net profit down by 11% in 2019, although sales increased by 13%; increased dividends
Bogdan Tudorache OMV Petrom’s revenues registered last year advanced by 13%, to about 25.5 billion lei, but the company announced…
OMV Petrom: 2.8 billion lei worth net profit, at 9 months, one third of the contributions to the state budget
OMV Petrom announces a 13% increase in consolidated sales in the first nine months of the year compared to 2018,…
OMV Petrom invests 46 mln. euro in the coking plant at the Petrobrazi refinery
OMV Petrom continues the modernization works at the Petrobrazi refinery. The company has invested about 46 million euros since 2017…
The new Polyfuel unit of Petrobrazi refinery has started production, an EUR 65 mln. investment
OMV Petrom has commissioned the new Polyfuel unit within Petrobrazi refinery, using an innovative technology to convert LPG and low-grade…
Romania has imported oil worth USD 4 billion in 2018, 70% of the refining needs
Romania’s oil imports were 59.4 million barrels, or 71% of the consumption needs of the three refineries Petromidia, Petrobrazi and…
Petrom inaugurates the 65 mln euro poli-fuels plant at Petrobrazi
Petrom will open by the end of the month the plant which converts petroleum gas into gasoline and diesel, on…